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CABARRUS COUNTY SCHOOL CONSTRUCTION PROJECT <br />BUDGET ORDINANCE <br />BE IT ORDAINED by the Board of Commissioners of Cabarrus County, North Carolina <br />that, Pursuant to Section 13.2 of Chapter 159 of the General Statutes of North Carolina, the <br />following capital project ordinance is hereby adopted: <br />Section I. <br />A. The project authorized is for the construction and renovations of Public Schools. <br />Details of the projects are listed in section D. of this Project Ordinance. <br />B. The officers of this unit are hereby directed to proceed with this capital project within <br />the terms of the Generally Accepted Accounting Principles (GAAP) and the budget <br />contained herein. <br />a. It is estimated that the following revenues will be available to complete capital <br />projects as listed. <br />General Fund Contribution $96,262 <br />Capital Reserve Contribution 3,828,030 <br />Capital Projects Fund Contribution 194,612 <br />TOTAL REVENUES $4,118,904 <br />C. The following appropriations are made as listed. <br />Site Evaluations -Multiple Schools <br />30,000 <br />Kannapolis Intermediate Renovations -Carver Elem <br />1,520,978 <br />CBTC Campus Renovations, Safety, Security <br />184,075 <br />CBTC A/C Units Replacement Phase I and II <br />205,000 <br />Concord Middle School Roof <br />968,853 <br />Harrisburg Elementary School Roof <br />685,531 <br />Cox Elementary Sewer Relocation <br />25,000 <br />Patriots Elementary Mobile Units <br />122,100 <br />J.N. Fries Middle School Other Improvements <br />300,000 <br />Available Other Improvements <br />77,367 <br />TOTAL EXPENDITURES $4,118,904 <br />GRAND TOTAL — REVENUES $4,118,904 <br />GRAND TOTAL — EXPENDITURES $4,118,904 <br />Section II. <br />A. Special appropriations to non-profit organizations shall be distributed after the <br />execution of an agreement which ensures that all County funds are used for <br />statutorily permissible public purposes. <br />B. The County Manager or designee is hereby authorized to transfer appropriations <br />within or between funds, or modify revenue and expenditure projections as contained <br />herein under the following conditions: <br />Aftchmenl number 5 \n <br />F-8 Page 372 <br />